$900,000
●
House -
Off Market
649 Spokane Ave
Albany, CA 94706
2 Beds
1 Bath
1,171 Ft²
$897,756
RealtyHop Estimate
28.43%
Since Jan 1, 2020
CA-San Francisco
Primary Model
About This Property
Renovate and restore this classic beauty into the star of Spokane
Ave, a tree-lined street just blocks from Memorial Park, Albany
pool, Albany schools, Solano Ave shops and restaurants, El Cerrito
Plaza and BART. Feel the warmth of the living room with its
high-beamed ceiling, arched entry, wrought-iron detail, brick
fireplace and Deco wall sconces. The spacious sunny kitchen offers
a corner sink with a view of the yard and enough space for an
eat-in nook. Gracious split-level stairs lead to two bright
bedrooms and a bathroom with new tub and tile surround. Don't miss
the basement opportunity: this laundry room, half bath (not on
public record) and garage might become your third bedroom with
luxury bath, or a swank studio. Transform the level
backyard--bordered by mature growth and offering privacy--into a
landscaped oasis. Bring your contractor and your vision and give
The Marvelous MacGregor the spotlight once again.
Unit Size
1,171 Ft²
Days on Market
30 days
Land Size
0.08 acres
Price per sqft
$597
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1937
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (bridgeMLS/CCAR/Bay East AOR #40888880)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2019 | Sold | ||
| Sold | |||
| Nov 13, 2019 | Listed by WINKLER REAL ESTATE GROUP | $699,000 | |
| Listed by WINKLER REAL ESTATE GROUP | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Albany
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Listed by: KIRA HALPERN, WINKLER REAL ESTATE GROUP
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40888880
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 40888880
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